KRONES AG (KRN.DE) Stock Fundamental Analysis
Europe - FRA:KRN - DE0006335003 - Common Stock
121.6 EUR
-5.2 (-4.1%)
We assign a fundamental rating of 7 out of 10 to KRN. KRN was compared to 103 industry peers in the Machinery industry. KRN has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. KRN is not valued too expensively and it also shows a decent growth rate. This makes KRN very considerable for quality investing!
1. Profitability
1.1 Basic Checks
KRN had positive earnings in the past year.
KRN had a positive operating cash flow in the past year.
KRN had positive earnings in 4 of the past 5 years.
KRN had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
KRN's Return On Assets of 6.04% is amongst the best of the industry. KRN outperforms 80.58% of its industry peers.
KRN has a Return On Equity of 14.60%. This is amongst the best in the industry. KRN outperforms 80.58% of its industry peers.
Looking at the Return On Invested Capital, with a value of 11.73%, KRN belongs to the top of the industry, outperforming 86.41% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for KRN is in line with the industry average of 8.77%.
The last Return On Invested Capital (11.73%) for KRN is above the 3 year average (10.37%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.04% | ||
| ROE | 14.6% | ||
| ROIC | 11.73% |
ROA(3y)5.11%
ROA(5y)3.35%
ROE(3y)13.07%
ROE(5y)8.54%
ROIC(3y)10.37%
ROIC(5y)N/A
1.3 Margins
The Profit Margin of KRN (5.26%) is better than 66.02% of its industry peers.
In the last couple of years the Profit Margin of KRN has grown nicely.
Looking at the Operating Margin, with a value of 7.15%, KRN is in line with its industry, outperforming 59.22% of the companies in the same industry.
KRN's Operating Margin has improved in the last couple of years.
KRN has a better Gross Margin (53.11%) than 68.93% of its industry peers.
KRN's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.15% | ||
| PM (TTM) | 5.26% | ||
| GM | 53.11% |
OM growth 3Y13.3%
OM growth 5Y31.4%
PM growth 3Y10.38%
PM growth 5Y85.26%
GM growth 3Y0.06%
GM growth 5Y0.84%
2. Health
2.1 Basic Checks
KRN has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for KRN remains at a similar level compared to 1 year ago.
The number of shares outstanding for KRN remains at a similar level compared to 5 years ago.
Compared to 1 year ago, KRN has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 3.11 indicates that KRN is not in any danger for bankruptcy at the moment.
The Altman-Z score of KRN (3.11) is better than 75.73% of its industry peers.
The Debt to FCF ratio of KRN is 0.01, which is an excellent value as it means it would take KRN, only 0.01 years of fcf income to pay off all of its debts.
KRN has a Debt to FCF ratio of 0.01. This is amongst the best in the industry. KRN outperforms 99.03% of its industry peers.
A Debt/Equity ratio of 0.00 indicates that KRN is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.00, KRN belongs to the top of the industry, outperforming 97.09% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Altman-Z | 3.11 |
ROIC/WACC1.64
WACC7.14%
2.3 Liquidity
A Current Ratio of 1.38 indicates that KRN should not have too much problems paying its short term obligations.
KRN has a worse Current ratio (1.38) than 60.19% of its industry peers.
KRN has a Quick Ratio of 1.11. This is a normal value and indicates that KRN is financially healthy and should not expect problems in meeting its short term obligations.
KRN has a Quick ratio (1.11) which is comparable to the rest of the industry.
KRN does not score too well on the current and quick ratio evaluation. However, as it has excellent solvency and profitability, these ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.38 | ||
| Quick Ratio | 1.11 |
3. Growth
3.1 Past
KRN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 20.82%, which is quite impressive.
KRN shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 96.42% yearly.
The Revenue has grown by 10.25% in the past year. This is quite good.
The Revenue has been growing slightly by 5.98% on average over the past years.
EPS 1Y (TTM)20.82%
EPS 3Y25.19%
EPS 5Y96.42%
EPS Q2Q%0.91%
Revenue 1Y (TTM)10.25%
Revenue growth 3Y13.35%
Revenue growth 5Y5.98%
Sales Q2Q%0.57%
3.2 Future
KRN is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.52% yearly.
Based on estimates for the next years, KRN will show a small growth in Revenue. The Revenue will grow by 6.43% on average per year.
EPS Next Y16.53%
EPS Next 2Y14.6%
EPS Next 3Y13.23%
EPS Next 5Y9.52%
Revenue Next Year7.77%
Revenue Next 2Y7.12%
Revenue Next 3Y6.79%
Revenue Next 5Y6.43%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
KRN is valuated correctly with a Price/Earnings ratio of 13.35.
Compared to the rest of the industry, the Price/Earnings ratio of KRN indicates a somewhat cheap valuation: KRN is cheaper than 72.82% of the companies listed in the same industry.
KRN's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.41.
With a Price/Forward Earnings ratio of 10.56, the valuation of KRN can be described as very reasonable.
73.79% of the companies in the same industry are more expensive than KRN, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of KRN to the average of the S&P500 Index (22.88), we can say KRN is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.35 | ||
| Fwd PE | 10.56 |
4.2 Price Multiples
KRN's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. KRN is cheaper than 70.87% of the companies in the same industry.
KRN's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.97 | ||
| EV/EBITDA | 6.38 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The excellent profitability rating of KRN may justify a higher PE ratio.
A more expensive valuation may be justified as KRN's earnings are expected to grow with 13.23% in the coming years.
PEG (NY)0.81
PEG (5Y)0.14
EPS Next 2Y14.6%
EPS Next 3Y13.23%
5. Dividend
5.1 Amount
KRN has a Yearly Dividend Yield of 1.97%. Purely for dividend investing, there may be better candidates out there.
KRN's Dividend Yield is a higher than the industry average which is at 2.88.
KRN's Dividend Yield is comparable with the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.97% |
5.2 History
The dividend of KRN has a limited annual growth rate of 5.29%.
Dividend Growth(5Y)5.29%
Div Incr Years1
Div Non Decr Years4
5.3 Sustainability
KRN pays out 28.58% of its income as dividend. This is a sustainable payout ratio.
The dividend of KRN is growing, but earnings are growing more, so the dividend growth is sustainable.
DP28.58%
EPS Next 2Y14.6%
EPS Next 3Y13.23%
FRA:KRN (9/18/2025, 7:00:00 PM)
121.6
-5.2 (-4.1%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners20.81%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap3.84B
Analysts82.22
Price Target161.31 (32.66%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.97% |
Yearly Dividend2.2
Dividend Growth(5Y)5.29%
DP28.58%
Div Incr Years1
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-3.47%
Min EPS beat(2)-5.49%
Max EPS beat(2)-1.44%
EPS beat(4)0
Avg EPS beat(4)-8.27%
Min EPS beat(4)-18.73%
Max EPS beat(4)-1.44%
EPS beat(8)2
Avg EPS beat(8)1.18%
EPS beat(12)6
Avg EPS beat(12)7.58%
EPS beat(16)10
Avg EPS beat(16)11.77%
Revenue beat(2)1
Avg Revenue beat(2)-2.15%
Min Revenue beat(2)-4.95%
Max Revenue beat(2)0.64%
Revenue beat(4)2
Avg Revenue beat(4)-0.89%
Min Revenue beat(4)-4.95%
Max Revenue beat(4)1.67%
Revenue beat(8)3
Avg Revenue beat(8)-0.88%
Revenue beat(12)6
Avg Revenue beat(12)0.17%
Revenue beat(16)9
Avg Revenue beat(16)0.34%
PT rev (1m)1.07%
PT rev (3m)1.22%
EPS NQ rev (1m)0%
EPS NQ rev (3m)N/A
EPS NY rev (1m)-1.26%
EPS NY rev (3m)-1.26%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.41%
Revenue NY rev (3m)-0.29%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.35 | ||
| Fwd PE | 10.56 | ||
| P/S | 0.7 | ||
| P/FCF | 19.97 | ||
| P/OCF | 10.39 | ||
| P/B | 1.95 | ||
| P/tB | 2.74 | ||
| EV/EBITDA | 6.38 |
EPS(TTM)9.11
EY7.49%
EPS(NY)11.52
Fwd EY9.47%
FCF(TTM)6.09
FCFY5.01%
OCF(TTM)11.7
OCFY9.62%
SpS172.96
BVpS62.29
TBVpS44.34
PEG (NY)0.81
PEG (5Y)0.14
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.04% | ||
| ROE | 14.6% | ||
| ROCE | 16.18% | ||
| ROIC | 11.73% | ||
| ROICexc | 13.9% | ||
| ROICexgc | 19.27% | ||
| OM | 7.15% | ||
| PM (TTM) | 5.26% | ||
| GM | 53.11% | ||
| FCFM | 3.52% |
ROA(3y)5.11%
ROA(5y)3.35%
ROE(3y)13.07%
ROE(5y)8.54%
ROIC(3y)10.37%
ROIC(5y)N/A
ROICexc(3y)13.79%
ROICexc(5y)N/A
ROICexgc(3y)19.27%
ROICexgc(5y)N/A
ROCE(3y)14.31%
ROCE(5y)N/A
ROICexcg growth 3Y22.07%
ROICexcg growth 5Y40.08%
ROICexc growth 3Y16.88%
ROICexc growth 5Y36.18%
OM growth 3Y13.3%
OM growth 5Y31.4%
PM growth 3Y10.38%
PM growth 5Y85.26%
GM growth 3Y0.06%
GM growth 5Y0.84%
F-Score8
Asset Turnover1.15
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.01 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 99.05% | ||
| Cap/Sales | 3.24% | ||
| Interest Coverage | 59.78 | ||
| Cash Conversion | 64.91% | ||
| Profit Quality | 66.94% | ||
| Current Ratio | 1.38 | ||
| Quick Ratio | 1.11 | ||
| Altman-Z | 3.11 |
F-Score8
WACC7.14%
ROIC/WACC1.64
Cap/Depr(3y)96.01%
Cap/Depr(5y)83.18%
Cap/Sales(3y)3.22%
Cap/Sales(5y)3.08%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)20.82%
EPS 3Y25.19%
EPS 5Y96.42%
EPS Q2Q%0.91%
EPS Next Y16.53%
EPS Next 2Y14.6%
EPS Next 3Y13.23%
EPS Next 5Y9.52%
Revenue 1Y (TTM)10.25%
Revenue growth 3Y13.35%
Revenue growth 5Y5.98%
Sales Q2Q%0.57%
Revenue Next Year7.77%
Revenue Next 2Y7.12%
Revenue Next 3Y6.79%
Revenue Next 5Y6.43%
EBIT growth 1Y19.62%
EBIT growth 3Y28.43%
EBIT growth 5Y39.26%
EBIT Next Year64.77%
EBIT Next 3Y25.33%
EBIT Next 5Y17.06%
FCF growth 1Y28.44%
FCF growth 3Y3.15%
FCF growth 5YN/A
OCF growth 1Y35.92%
OCF growth 3Y8.72%
OCF growth 5Y35.97%